Catalog
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| Issuer | Marshall Islands |
|---|---|
| Year | 1998 |
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| Technique | Milled |
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| Obverse description | The national coat of arms of the Republic of the Marshall Islands occupies the central field, depicting a frigate bird, a sun with radiating rays, traditional Marshallese navigational stick charts, a sailing canoe, and other indigenous motifs arranged in a circular composition. A decorative chain border frames the design. The legend REPUBLIC OF THE MARSHALL ISLANDS arcs along the upper periphery, with the denomination $50 to the left and the date 1998 to the right. The Marshallese national motto JEPILPILIM KE EJUKAAN appears along the lower arc, and the word SEAL is inscribed on a banner at the base of the arms. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
The Marshall Islands began issuing commemorative coinage in the late 1980s under a licensing arrangement that outsourced design and distribution almost entirely to private firms — the island government collected royalties while companies like the Pobjoy Mint and others handled production. This trireme issue is part of a long run of thematic silver pieces the Marshall Islands released through the 1990s with no connection to local history or monetary need, struck essentially as collectibles from inception.
The series has never commanded strong secondary market prices, and most pieces remain in original packaging, uncirculated by design rather than luck.